#$2.7 billion in options expire#
Hot Topic Overview
Overview
Tomorrow, options worth approximately $2.73 billion for Bitcoin and Ethereum will expire on the Deribit exchange. Of this, Bitcoin options have a notional value of $2.09 billion, with a put/call ratio of 0.95 and a maximum pain point of $96,000; Ethereum options have a notional value of $639 million, with a put/call ratio of 0.31 and a maximum pain point of $3,200. With the put/call ratio diverging, Bitcoin may remain rangebound while Ethereum may lean bullish.
Ace Hot Topic Analysis
Analysis
Tomorrow, approximately $2.73 billion worth of Bitcoin and Ethereum options will expire on the Deribit exchange. Of this, Bitcoin options have a notional value of $2.09 billion, with a put/call ratio of 0.95 and a maximum pain point of $96,000; Ethereum options have a notional value of $639 million, with a put/call ratio of 0.31 and a maximum pain point of $3,200. Due to the divergent put/call ratios, Bitcoin is likely to remain range-bound, while Ethereum could be biased towards the upside. This suggests that Bitcoin may stay around its current price level after the options expire, while Ethereum could see a potential surge. It's important to note that this is only a prediction based on options data, and actual market movements may be influenced by numerous factors.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
$2.73 billion worth of BTC and ETH options will expire tomorrow, of which BTC options have a notional value of $2.09 billion and ETH options have a notional value of $639 million.
The Put Call Ratio for BTC options is 0.95, with the maximum pain point at $96,000, indicating a degree of bearish sentiment in the market towards BTC price movements.
The Put Call Ratio for ETH options is 0.31, with the maximum pain point at $3,200, indicating that the market is more inclined to be bullish on ETH price movements.
Option expiry may have an impact on the price movements of BTC and ETH, and it is necessary to pay attention to the market reaction.